Latest News on private equities market

Tax mavericks may try to bend the rules on coronavirus retirement savings withdrawals

Tax pros are cooped up at home, and some are hatching creative strategies around the new coronavirus relief law. Here's what you should know and what's viable.

5 years ago

INEOS to build third European hand sanitiser plant in ten days

Chemicals manufacturer INEOS [INEOSG.UL] said on Tuesday it will build a hand sanitiser plant in France in 10 days to help meet a European shortage and has begun production at its new British and German plants ahead of schedule.



5 years ago

Special Report: The Mask Middlemen - How pop-up brokers seek big paydays in a frenzied market

Brian Kolfage, a Florida military veteran, recently convinced Americans to donate millions of dollars for a privately built wall on the U.S. southern border. Now he has jumped into a new venture: hawking millions of protective face masks that are in critically short supply during the coronavirus pandemic.



5 years ago

Trump holds call with U.S. internet, mobile phone providers

President Donald Trump spoke with the biggest U.S. internet and mobile phone providers on Tuesday to talk about how the networks are holding up as tens of millions of Americans work from home.



5 years ago

SocGen, Natixis skip 2019 dividends, may consider payments in second half

French banks, Societe Generale and Natixis joined a cohort of European peers that announced plans to skip 2019 dividends following the European Central Bank's guidance to direct profits toward supporting the economy during the coronavirus crisis.



5 years ago

When will the money arrive? Here are answers to your questions about the coronavirus stimulus checks

The U.S. government has given the green light to checks for $1,200 for individuals and $2,400 for couples to be sent out in the coming weeks. Here's the answers to your questions on how much you qualify for and how fast you could receive the money.

5 years ago

S&P 500 heads for biggest ever first-quarter plunge

Wall Street's major indexes fell on Tuesday and the S&P 500 was headed for a record first-quarter decline on growing evidence of large-scale economic damage from the coronavirus pandemic.



5 years ago

Chanel turns its workshops to making face masks against coronavirus

(This Mar 29 story corrects number of staff, clarifies they are in France.)



5 years ago

New York City to probe Amazon firing of warehouse worker

New York City Mayor Bill de Blasio said on Tuesday he had ordered the city's human rights commissioner to investigate the dismissal of a worker at an Amazon.com warehouse who had participated in a walkout.



5 years ago

Employers may drop 401(k) matches as companies look to cut expenses

Companies both large and small are seeking legal advice about their options for reducing or pausing their contributions to their workers' 401(k) plans — a move that some employers made during the last U.S. economic downturn.

5 years ago

U.S.-Saudi oil alliance idea born at White House, put on back burner for now

Top U.S. officials have for now put aside a proposal for an alliance with Saudi Arabia to manage the global oil market, according to three sources with knowledge of the matter, an idea one of them said came from White House national security advisers.



5 years ago

U.S. court rules for Teva in migraine patent dispute with Eli Lilly

Teva Pharmaceutical Industries Ltd on Tuesday won a ruling from a U.S. administrative court that could help it fend off competition from Eli Lilly and Co in the market for migraine drugs.



5 years ago

Fed will do 'whatever it takes' to help U.S. economy likely in recession, Daly says

The Federal Reserve is ready to do more to help a U.S. economy ground to a sudden halt as businesses shutter and people stay home to slow the coronavirus pandemic, San Francisco Fed President Mary Daly said on Tuesday.



5 years ago

Goldman gives staff 10 days paid family leave due to coronavirus: memo

Wall Street bank Goldman Sachs is offering employees 10 days of paid family leave to care for children or elderly parents who are at home during the coronavirus pandemic, according to a memo sent to staff on Tuesday that was seen by Reuters.



5 years ago

Stocks give up gains, on pace for worst quarter since 2008

Global stock markets dipped in volatile trading on Tuesday as investors assessed the economic damage from the coronavirus pandemic, while the MSCI benchmark of world equities was on pace to finish its worst quarter since the financial crisis of 2008.



5 years ago